In India, almost all working people have mediclaim policies be it group mediclaim insurance or private mediclaim insurance. However, do all they know the basic of this mediclaim insurance policy?
Read these answers to most frequently asked questions about mediclaim insurance and decide it ... Views: 686
It happens to many of us. Perhaps it does not happen universally, but, deep in our heart we know that this syndrome is a reality. There is a task at hand or perhaps a hard decision is demanded by the situation, the odds for the success of the job or decision ranges from mildly favorable to ... Views: 606
It happens to many of us. Perhaps it does not happen universally, but, deep in our heart we know that this syndrome is a reality. There is a task at hand or perhaps a hard decision is demanded by the situation, the odds for the success of the job or decision ranges from mildly favorable to ... Views: 562
“I have been working for almost 10 years now, earning well and investing very carefully too; Why am I not as rich as I should be? Why am I still in the middle class circle?”
At least 2 in 5 clients ask me similar questions. Do you know the key reason for this?
I am listing three common ... Views: 447
Buying a house is considered as one of the top priorities for any individual. At the same time, buying a house is the most time consuming and high energy demanding task of our lives.
‘I bought a house for ‘x’ amount 5 years back. My friend who invested same amount in other sources has ... Views: 629
Investors, especially those who are new to the venture are often advised to make reasonable investments in debt funds while building their portfolio. It is but natural for the new investor to wonder what ‘debt funds’ are all about and why they should at all invest in it when all the fun and ... Views: 575
When you plan to make an investment, you must be fully aware of the ins and outs of your investment. Therefore, a good advice is to find answers to a few very necessary questions, before you can actually decide upon an investment. Let us explore what these questions are, where an investor needs ... Views: 576
Any investor would agree that ignorance and lack of awareness in the investment field can prove to be expensive.In the world of finance and investment, risk management is very closely related, rather necessary for measuring performance. Understanding risks is therefore, a crucial part of ... Views: 558
“I get reminded of previous generation mom when someone advises me to rebalance my investment portfolio. I feel like my mom telling me to take oil bath on all Fridays. When everything is going fine, why I should rebalance my portfolio?” one of my client asked me with a smile in his face. I ... Views: 434
Today we are flooded with a lot of information, much of it is useless since it does not meet our investment needs. Whatever is relevant, may not always be comprehensible, so we are unable to derive benefit out of it.
We begin by asking the following questions:
Knowing individual needs
i. What ... Views: 611
Want to invest in property, but have no idea of how to kick off your search?
Let us understand how to go about. Parallel to cash, stocks and bonds; property is also one amongst the four most common types of investments.
There are some important factors to consider when investing in ... Views: 580
Financial Planning is a process which helps an individual to find out the shortest route between where you are and where you want to go financially. During this journey towards your financial destiny, there are some common mistakes which can off track you. Avoiding these mistakes will make the ... Views: 567
Do you know, a recent study in India says that people in the income group of Rs3, 00, 000 p.a. and below the age of 35 have between on an average 3 to 4 credit cards, between 35 and 40 years 3 credit cards, between 41 and 50 years 1 to 2 credit cards, and above 51 1 credit card.
It also says ... Views: 603
The income that NRI earn abroad is not taxable in India. Nevertheless,some NRIs also have an earning in their aborigine country, India in the form of interest from deposits, property rent, etc. This income has a basic limit of exemption, which is Rs2 lakhs. If the NRI earnings from such native ... Views: 592
Human beings always have a natural tendency to follow the crowd, but when it comes to share market investing, following the crowd can more often result in ending up with losses. Why do you copy the mediocrity of the masses when you can replicate the success of the World’s Greatest ... Views: 880
“Life just seems to be getting simpler by the day,” remarked 22 year Swati, a software developer with a leading MNC. She was referring to the convenience provided by modern-day living aids like plastic money, online shopping, e-payments, deferred payments and the like.
“Really?” quipped her ... Views: 505
It is said that “all that glitters is not gold”. Yes, that is true, but even gold with all its glitters is of no use when kept idle. The Gold Monetization Scheme, as introduced by the government of India, aims to monetize gold so that it earns interest.
Objective and features of the Gold ... Views: 551
It is said that “all that glitters is not gold”. Yes, that is true, but even gold with all its glitters is of no use when kept idle. The Gold Monetization Scheme, as introduced by the government of India, aims to monetize gold so that it earns interest.
Objective and features of the Gold ... Views: 554
As someone has said somewhere that Home is the biggest assets for a person, but also it is his/her biggest liability. Whenever, someone has been able to close his/her loan account s/he feels very relieved and also happy. Now the home is his/ her own. Owning a house free of debt is one of the ... Views: 495
As someone has said somewhere that Home is the biggest assets for a person, but also it is his/her biggest liability. Whenever, someone has been able to close his/her loan account s/he feels very relieved and also happy. Now the home is his/ her own. Owning a house free of debt is one of the ... Views: 567
The essence of the word freedom is perhaps best understood by those who have been in bondage. Ask our freedom fighters, ask Nelson Mandela and all those who have been restrained against their will; they will emphatically iterate that freedom is liberating.
The inherent quality of freedom or ... Views: 589
The essence of the word freedom is perhaps best understood by those who have been in bondage. Ask our freedom fighters, ask Nelson Mandela and all those who have been restrained against their will; they will emphatically iterate that freedom is liberating.
The inherent quality of freedom or ... Views: 614
Dematerialized Insurance Policies:
On September 16, 2013, our honorable finance minister P.Chidambaram launched IRDA’s insurance repository system (IRS).This system will insure green initiative, transparency in all the insurance related work and lower management cost for the insurers. It will ... Views: 489
There was a time when borrowing used to be considered as almost a sin. Whereas today, you name an incident a loan is available for you from not one but many resources. Whether you want to get married, go for a vacation, celebrate a festival – ‘Personal loan’: your loyal and honest companion will ... Views: 655
It is not that complicated for Non-Resident Indians (NRI) to buy or sell immovable property in India and remittance of sale proceeds, but there are certain rules and regulations to be followed during such transactions. The Reserve Bank of India governs them and they fall under the purview of ... Views: 2091
Employee Stock Option Plans (ESOPs) give employees a right to buy company shares at a pre-decided price and it forms part of taxable income. Most senior employees working with bluechip companies get ESOPs regularly and they have to pay tax on their ESOPs. When an Indian employee moves to the US ... Views: 750
Employee Stock Option Plans (ESOPs) give employees a right to buy company shares at a pre-decided price and it forms part of taxable income. Most senior employees working with bluechip companies get ESOPs regularly and they have to pay tax on their ESOPs. When an Indian employee moves to the US ... Views: 715
Buyer Beware
“The buyer needs a hundred eyes, the seller but one”.
This proverb cannot be over emphasized as a buyer needs to be on his guard whenever he or she choses to make a purchase of goods or services.
Investors to be Aware
Financial Planners are here to provide professional ... Views: 400
It has been a long tradition amongst us that you allow your heart to rule when you fall in love. You heart takes the decision there and not your mind. Similar thing should not happen when you take your investment and financial decisions.
Most of the financial and investment products are ... Views: 513
While investing in stocks, bonds and mutual funds, past performance becomes a strong input in making investment decisions. Question, should keep on relying on it excessively or there are other indicators available to investors, on which they can rely on to make investment decisions.
While ... Views: 537
After the recent announcement by the venerable Reserve Bank of India, about the consecutive 14 quarters fall of our nation’s GDP to 4.4% from a whopping 8.9%, it is time to think how are we going to protect ourselves financially from this economic harsh winter? Most Indians have never faced a ... Views: 510
No one likes to talk about death. We must accept the fact that everyone born in this world must face the reality of death. Not only losing the loved ones, most of the times, families get into serious financial crisis. The health of the elderly parents, education of children, and life of the ... Views: 688
Today, you, a mutual fund investor are overwhelmed with the plethora of mutual fund schemes. More so when you find that schemes from different fund houses come with similar flavours. It becomes extremely difficult for you actually to sift the bad ones from the good ones. Then what do you do? ... Views: 498
What would it be like if we tried to click the mouse pointer on an icon and the icon kept shifting position? It would definitely irritate and frustrate us. Similarly “value” is something which can behave like the irritant icon. In the financial world which “value” is “true value” for a ... Views: 514
Would like to be a Fit Person or be Rich?
On the face of it the above question may appear to you as contradictory. You may feel that I am putting yourself into a corner and asking you to make a choice between remaining fit but not rich or vice versa. If you have got in this way, you have got ... Views: 494
Writing and Registering a Will is the best Option
The best way to pass on one’s wealth after death is to write and register a Will in favour of those persons whom one would like to get the estate.
Also Have Joint Accounts
However, other than writing and registering a Will, there are other ... Views: 422
Writing and Registering a Will is the best Option
The best way to pass on one’s wealth after death is to write and register a Will in favour of those persons whom one would like to get the estate.
Also Have Joint Accounts
However, other than writing and registering a Will, there are other ... Views: 466
“I am always at a loss while planning my finances. With so many options and choices available, everything looks green in one second and completely in red the next second. I get confused a lot on choosing the best investment option for me, what can I do about it?” Not only the beginners but also ... Views: 583
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 355
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 464
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 423
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 448
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 610
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 579
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 654
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 537
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 618
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 683
The motive behind creating a financial plan is to have a route map to achieve your financial goals. A plan that tells you what are all your realistic goals and what are all your unrealistic dreams. A plan that tells where you will be financially 5 years from now, 10 years from now and 20 years ... Views: 613
“There is no gain without pain” is a common adage which many people believe in. Perhaps the gains which they have attained in the various spheres of life have been consistently greater than the proportion of risk and pain taken.
So what is it about ‘risk’? How does one identify risks ... Views: 535